C
Seller's Agent in 2025
Christopher Wietig
Buffalo Property Partners LLC
(716) 310-7235
1 in this area
12 Total Sales
48 Rand Ave Buffalo, NY 14216
Parkside NeighborhoodEstimated Value: $433,440 - $528,000
5
Beds
3
Baths
3,114
Sq Ft
$154/Sq Ft
Est. Value
Highlights
- Deck
- Patio
- Baseboard Heating
- Wood Flooring
- Forced Air Heating System
- 3 Car Garage
About This Home
As of February 2025Prime 3-Unit Investment Property in Ideal Location – Fully Occupied! Welcome to 48 Rand Avenue, a well-maintained, income-generating multi-family property featuring 3 fully-occupied units. This property boasts a solid rental history with a current rent roll of $3,010 per month, making it a fantastic opportunity for both investors and owner-occupants. Property Features
Upper Unit: Spacious 3-bedroom, 1-bath unit with beautiful hardwood floors.
Lower Front Unit: Large 1-bedroom apartment offering ample living space.
Lower Rear Unit: Cozy 1-bedroom unit, perfect for tenants seeking comfort and affordability.
Parking: Off-street parking for 3 cars, including a covered garage. Updates:
Vinyl siding installed (11-2014)
Complete tear-off roof with architectural shingles (6-2013)
New steam boiler for the upper unit (6-2016)
Various flooring and kitchen updates throughout the property
This low-maintenance property has been thoughtfully updated to ensure long-term durability and tenant satisfaction. Don't miss out on this turnkey investment opportunity!
Last Agent to Sell the Property
Listing by Buffalo Property Partners LLC Brokerage Email: chris@buffalopropertypartners.com License #10491205911 Listed on: 10/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,537
Year Built
- Built in 1910
Lot Details
- 5,265 Sq Ft Lot
- Lot Dimensions are 39x135
- Partially Fenced Property
Parking
- 3 Car Garage
- Parking Available
Home Design
- Triplex
- Vinyl Siding
Interior Spaces
- 3,114 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Rent includes gardener, snow removal, water
- Tax Lot 25
- Assessor Parcel Number 140200-078-790-0002-025-000
Community Details
Overview
- 3 Units
Building Details
- 2 Separate Gas Meters
- Gross Income $36,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2024
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,460
Interest Rate
6.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2005
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $387,000 | First American Mortgage Sln | ||
| $387,000 | First American Mortgage Sln | ||
| $387,000 | First American Mortgage Sln | ||
| $172,000 | Ticor Title Insurance Co | ||
| $172,000 | Ticor Title Insurance Co | ||
| $172,000 | Ticor Title Insurance Co | ||
| $132,500 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $224,460 | ||
| Previous Owner | $129,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $387,000 | +0.5% | $124 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/24/2024 10/24/24 | Price Changed | $384,900 | -6.1% | $124 / Sq Ft |
| 10/08/2024 10/08/24 | For Sale | $409,900 | -- | $132 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $401,000 | $57,000 | $344,000 |
| 2024 | $1,911 | $341,000 | $36,100 | $304,900 |
| 2023 | $1,728 | $341,000 | $36,100 | $304,900 |
| 2022 | $1,715 | $341,000 | $36,100 | $304,900 |
| 2021 | $1,715 | $341,000 | $36,100 | $304,900 |
| 2020 | $1,116 | $341,000 | $36,100 | $304,900 |
| 2019 | $3,978 | $145,000 | $16,100 | $128,900 |
| 2018 | $3,743 | $145,000 | $16,100 | $128,900 |
| 2017 | $863 | $145,000 | $16,100 | $128,900 |
| 2016 | $3,529 | $145,000 | $16,100 | $128,900 |
| 2015 | -- | $145,000 | $16,100 | $128,900 |
| 2014 | -- | $145,000 | $16,100 | $128,900 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Wietig
-
Fawne Carver
Buyer's Agent in 2025
Fawne Carver
Symphony Real Estate LLC
(716) 390-5686
1 in this area
53 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1568974
APN: 140200-078-790-0002-025-000
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